• Ethereum co-founder Vitalik Buterin hit out at mainstream media Friday after an article appeared suggesting he thought the US National Security Agency (NSA) invented Bitcoin. ‘My Opinions Have Changed A Lot’ On June 15, UK tabloid publication Metro published what it described as a “discovery” that Buterin had made remarks about Bitcoin’s being created by the US National Security Agency (NSA). The evidence it gathered came in the form of messages from popular forum Bitcointalk

    Vitalik Buterin Derides Misleading Reports Regarding the NSA’s Creation of Bitcoin

    | 2018/06/16 1:00 pm
  • Brian Kelly, founder and CEO of digital currency-focused investment firm BKCM LLC, believes Ethereum might be a better investment than Bitcoin — and he provided CNBC’s “Fast Money” with three reasons why.  Ethereum Futures Firstly, Kelly believes Ethereum futures may just be around the bend, now that the U.S. Securities and Exchange Commission (SEC) has officially decided that ether is and was not a security — thus removing the largest obstacle from the second-ranked cryptocurrency by

    3 Reasons Why Ethereum Is A Better Investment Than Bitcoin, According to Brian Kelly

    | 2018/06/16 10:00 am
  • Authorities in Italy have seized bitcoins from the company wallets of controversial exchange BitGrail as part of standard pre-bankruptcy proceedings. BitGrail was hacked in February 2018, with $170 million dollars’ worth of Nano stolen — which subsequently lead to a major price crash for the coin. BitGrail’s blog was updated today, June 15, 2018, with the following announcement: On June 5, 2018, pursuant to the Tribunal of Florence orders, the Bitcoins contained in the company’s

    Bitcoins Seized From Bankrupt BitGrail by Italian Authorities

    | 2018/06/15 9:00 pm
  • SimpleFX (SFX), a cryptocurrency and forex broker has launched the iOS version of its mobile app. The platform has been available for Android smartphones since the end of December 2017. Users of iOS mobile devices will now be able to enjoy the unique services offered by SimpeFX in the areas of cryptocurrency, forex, indices, and commodities trading. The New SimpleFX iOS App Just like the Android version, the SFX iOS app delivers the complete trading

    SimpleFX Launches iOS App and Mobile Web Browser Platform

    | 2018/06/15 6:00 pm
  • The United States Central Intelligence Agency (CIA) may have files on Satoshi Nakamoto, the mysterious Bitcoin creator. There are also indications that the country’s National Security Agency (NSA) might know the real identity (or identities) of Satoshi Nakamoto. CIA Refuses to Comment The CIA has reportedly issued what is known as a “Glomar response” to a Freedom of Information Act (FOIA) request from Daniel Oberhaus, a staff writer on Motherboard. According to Oberhaus, the CIA

    CIA Doesn’t Deny Having Files on Bitcoin Creator Satoshi Nakamoto

    | 2018/06/15 3:00 pm
  • Thomas Lee, Co-founder and head of research at Fundstrat Global Advisors, ties the recent decline in Bitcoin (BTC) price with the expiration of Bitcoin futures. Tom Lee Blames Futures Expiration Among Other Factors In an interview for Bloomberg, Tom Lee explained that the weakness in the market’s first and foremost cryptocurrency was the result of futures contracts expiring. He says that there have been six expirations of futures contracts since the CBOE launched Bitcoin futures

    Bitcoin Price Drop Caused by Futures Expiration, Tom Lee Says

    | 2018/06/15 9:00 am
  • Gab, a social network messaging platform that describes itself as a place “where people, free expression, and individual liberty come first,” has announced that its Coinbase account was suddenly closed by the popular US-based crypto exchange.  Gab: Centralized Exchanges ‘Contradictory to Everything Crypto Stands For’ Gab is a relatively young social networking platform launched in August 2016 as a response to censorship controversies involving major social media companies — such as Facebook and Twitter — which

    ‘Centralized Exchanges Are Cancer’: Coinbase Shuts Gab Social Network’s Account

    | 2018/06/15 7:00 am
  • While Bitcoin continues its lengthy correction, the S&P 500 has rebounded — creating a new divergence between the leading cryptocurrency and traditional stocks. ‘Not Very Many People Bought It At All’ At the time of this writing, Bitcoin — the first and foremost cryptocurrency — is trading at $6,613.11, after hitting highs around $20,000 in December of last year. The Bitcoin bubble’s bonafide burst has caused some in the world of traditional investing to fear

    Bitcoin Breaks Ties with S&P 500 As Prices Diverge

    | 2018/06/15 5:00 am
  • Amid the ongoing overall market correction, Cardano (ADA) and Status Token (SNT) surge in price following Bithumb’s announcement that it will list both cryptocurrencies on its exchange. ADA and SNT to be Listed on Bithumb Bithumb, which is currently the sixth largest cryptocurrency exchange by means of trading volumes according to CoinMarketCap, announced that it will be adding Cardano and Status Token to its trading lists. Cardano(ADA) and Status Network Token(SNT) will be listed on

    Bithumb Lists Cardano (ADA) and Status Token (SNT), Prices React

    | 2018/06/15 12:00 am
  • Bitcoinist has once again caught up with Mati Greenspan, Senior Market Analyst at eToro, the most popular social trading platform in the world with millions of users. Greenspan keeps a close eye on cryptocurrency markets and shares his thoughts on the recent Bitcoin price plunge and why he believes this current downtrend nothing out of the ordinary.  The price could easily reach $2,000 or $20,000 in the next two months. Neither would surprise me very much.

    Bitcoin ‘Boom-Bust Cycle Has Repeated Itself’ – Senior Market Analyst (Interview)

    | 2018/06/14 8:00 pm
  • Influential political strategist Stephen K. Bannon predicts that Bitcoin and other cryptocurrencies will disrupt the banking system. Moreover, according to The New York Times, he wants to help entrepreneurs and countries to create and issue their own cryptocurrencies. Bannon Has a “Good Stake” in Bitcoin For many, Bannon was a major actor in masterminding the 2016 U.S. presidential elections. Subsequently, he was the White House Chief Strategist for the first seven months of President Donald

    Bannon Backs Bitcoin: Fmr White House Chief Strategist Enters Crypto Market

    | 2018/06/14 6:00 pm
  • Jonathan Johnson, ex-chairman of Overstock’s board of directors, touched on the benefits of cryptocurrencies and noted the tremendous potential of blockchain-based technology. Despite the currently hemorrhaging market, he still sees a lot of advantages in utilizing cryptocurrencies over traditional credit card payments.   Better Than Credit Cards Currently sitting on the Board of Directors of Overstock.com – a major online retailer accepting cryptocurrencies as a payment method — Jonathan Johnson shared his overtly positive sentiment

    Cryptocurrencies Are ‘A Much Cheaper Way of Doing Business,’ Says Former Overstock Chair

    | 2018/06/14 4:00 pm
  • The Security and Exchange Commission’s (SEC) Director of Corporate Finance, William Hinman, announced at Yahoo Finance’s All Market Summit: Crypto today that bitcoin, ether, and other decentralized cryptocurrencies will not be classified as securities.  A New Asset Class The U.S. Securities and Exchange Commission (SEC) has taken its sweet time in determining how to classify cryptocurrencies. Finally, during a speech in San Francisco, California, SEC Director of Corporate Finance William Hinmann openly discussed the SEC’s views

    SEC: Bitcoin and Ether Are Not Securities

    | 2018/06/14 3:00 pm
  • Star Trek stalwart William Shatner has become the latest celebrity to champion Bitcoin by endorsing a solar-powered mining project in Illinois. ‘You Have To Blank Your Mind’ In an interview with Chicago Tribune on June 13, the 87-year-old veteran actor told of his support as spokesman for Solar Alliance — a Canadian startup planning to conduct Bitcoin mining in an abandoned factory using solar energy. Shatner excitedly told the daily newspaper: The concept is so, I

    Highly Illogical? William Shatner Endorses ‘Bizarre’ Bitcoin Solar Mining

    | 2018/06/14 12:00 pm
  • Following an earlier push for legislative measures to regulate cryptocurrencies, Russia moves to determine how they would be classified by law. Head of State Duma Committee says they will be regarded as ‘digital rights’ rather than cryptocurrencies. Digital Currencies to be Reclassified as ‘Digital Rights’ Back in May, regulations were proposed to eliminate the risks associated with the unregulated nature of cryptocurrencies. Now, Head of State Duma Financial Market Committee, Anatoly Aksakov, confirmed that the drafts

    Russia to Classify Cryptocurrencies as ‘Digital Rights’

    | 2018/06/14 10:00 am
  • The price of Bitcoin may be heading down to $3200, new research has warned — as the first and foremost cryptocurrency fails to find support at its April lows of $6450. The Bigger Picture In a detailed transaction analysis released June 13, Fundstrat Global Advisors concluded that — due to the lack of support — BTC/USD could hit February’s $6900 low before rebounding and subsequently falling further to somewhere between $5000 and $5500. The findings

    Bitcoin Price Drop To $3200 Would Still Continue Uptrend, Fundstrat Confirms

    | 2018/06/14 6:00 am
  • A slight beam of good news shines over the bleeding cryptocurrency market as Arizona State University Professor Dragan Boscovic discusses the future of Bitcoin from a trading standpoint. The scholar seems to think that Bitcoin is regarded by investors as a ‘valued investment opportunity’. Dragan Boscovic is a computer science research professor at Arizona State University (ASU) and also a director of the Blockchain Research Lab – a project that aims to further the development

    Bitcoin a ‘Valued Investment Opportunity’ Says Arizona State University Professor

    | 2018/06/14 3:00 am
  • The Financial Action Task Force (FATF) – a multi-national agency tasked with combating global financial criminal activity, will discuss developing and introducing legally binding rules for governing cryptocurrency exchanges later this month. Reuters reports that the Paris-based agency – comprised of 37 countries – will meet with both the Gulf Cooperation Council and the European Commission in an attempt to establish legally binding regulations governing cryptocurrency exchanges. Developing Binding Guidelines The push for the development

    International Watchdog to Introduce Binding Regulations for Cryptocurrency Exchanges

    | 2018/06/14 1:00 am
  • A digital canvas dubbed Satoshi’s Place appeared online, allowing users to draw whatever they find fit, one pixel at a time. The MS Paint-like experience costs one Satoshi per pixel and users are free to show off their talent in whatever form they find fit. Censorship Resistant Digital Canvas Satoshi’s Place is a simple online artboard which is powered by the Lightning Network. The digital canvas is comprised of 1 million pixels and each one

    ‘Lightning War’: Bitcoin Battles Bitcoin Cash on a Digital Canvas

    | 2018/06/13 3:00 pm
  • Days after Tether (USDT) gained a higher market cap than Monero and Dash, new research has reignited suspicions that the altcoin “manipulated” Bitcoin prices.  Cryptocurrency Highs Fuelled By Tether The product of two researchers at the University of Texas, the paper — titled Is Bitcoin Really Un-Tethered? — claims to have identified potential evidence of direct price manipulation since November 2017. Bitcoin’s all-time highs around $20,000 one month later — and those of major altcoins — were

    ‘Really Un-Tethered?’ Bitcoin Price Manipulation Returns With New Research

    | 2018/06/13 1:00 pm
  • Coinbase is now allowing accredited investors with deeper pockets the ability to utilize the Coinbase Index Fund, which offers exposure to every asset listed on the popular exchange.  Greater Exposure The previously announced Coinbase Index Fund has officially opened for investments of $250,000 to $20M. Reuben Bramanathan, Product Lead of Coinbase Asset Management, stated in an official announcement: We’ve seen overwhelming interest from investors since we announced the fund earlier this year. At this stage, we

    Coinbase Index Fund Launches for Big-Money Investors Amid Brutal Market Conditions

    | 2018/06/13 11:00 am
  • The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local news media outlet Economic Times said a dedicated panel studying cryptocurrency “may suggest allowing cryptocurrency,” but with undisclosed “riders” – or provisos – about its usage. If true, the perspective puts the government increasingly at odds with India’s central bank, which in April demanded banks halt interaction with cryptocurrency

    India ‘Not in Favor’ of Banning Cryptocurrency (Reports)

    | 2018/06/13 9:00 am
  • Bitcoin is going down, and one prominent cryptocurrency analyst believes it’s still got a ways to go. Nevertheless, the upside potential — in the grand scheme of things — is still massive. ‘We May See a Very Different Game in Mining’ Ran Neu-Ner, founder and CEO of Onchain Capital and host of CNBC Africa’s “Crypto Trader,” believes Bitcoin has not found its bottom. Neu-Ner told CNBC’s “Fast Money” earlier this week: We keep going down, and

    Neu-Ner: Bitcoin Not At Bottom (But Still a Great Long-Term Buy)

    | 2018/06/13 7:00 am